buying property in malaysia could lead to cheap living costs
News Posted On: 11 March 2009
Overseas property investors looking to expatriate to a country where the living expenses are low might wish to consider moving to Malaysia.
The country's deputy tourism minister Sulaiman Abdul Rahman Taib told TGG Live that day-to-day costs are minimal in his country.
"People recognise that accommodation and entertainment in Malaysia is not prohibitively expensive. When people come here they can have a full three-course meal for as little as £5," he said.
Those who do not fancy moving so far afield could still take advantage of the low costs by purchasing a home to rent out to British tourists.
Mr Taib claimed the economic downturn in the UK will lead to an influx of budget travellers looking for a low-cost break overseas.
He noted that four weeks in Malaysia could cost the same as four days in a European city.
An added advantage for those looking to move to Malaysia is that they will be allowed to own their home, unlike expatriates in neighbouring countries such as Indonesia.
Written by Jamie Arthur
Property Abroad - buying property abroad made easy. 
Back to news articles for this country
Latest Related News Articles in Malaysia
Malaysian Companies Target Indian Energy Sector
2011-08-12
Malaysian companies have already been active within the Indian property market, and have done much t.....
Malaysian property prices rising
2011-02-21
Malaysian property prices are beginning to rise as the economic recovery in the country continues. L.....
Malaysia Property Looking Strong into Year Ahead
2010-12-30
With recession a now distant memory in Malaysia, and stability reigning supreme as always, 2011 look.....
Malaysian Property to be Hot in 2011
2010-12-23
According to reports, an upturn in local buyers in 2011 will massively boost Malaysia property sales.....
Malaysian Export Growth Weakens Could Damage Overseas Property
2010-08-03
Malaysian export growth slowed to a seven-month low in June according to the latest data.....
Malaysia Property to Recover this Year
2010-05-27
Experts have predicted a better performance in Malaysian property this year as the economy recovers.....
Malaysia Property Set for a Very Bright Decade in terms of Foreign Demand
2010-01-19
Foreign demand for Malaysia property is set to see continued growth in the coming decade as young pr.....
Malaysia Property Growing in Popularity
2009-12-22
As it becomes apparent that Asia is the main centre for future economic growth, it makes the region .....
Malaysia Property Looking like a Good Bet for Strong Recovery
2009-11-12
Malaysia property is to benefit from increased demand as the economy enters full recovery.....
Surging Singapore
2009-10-05
Reuters reported today thatgovernment data shows Singaporehome prices surged 15.9 percent this quart.....